Mallette Goring

 
Commercial Listing
Featured For Sale
11 months ago
473
MLS#
2114341
TAX / CAM
$24,068.74 (2022)
Zoning
R2-3

Listing Brokerage
Mallette-Goring Inc.
Status
Active
Commercial Property Type(s)
Multi-Unit Residential
Great opportunity for investors looking for a balance of strong cashflow with potential for future lift. 13 units with lots of character and charm, mix of 2 x 3BR units, 8 x 2BR units, and 3 x 1BR units. 12 of 13 units have been recently updated (kitchens, bathrooms, flooring, etc.). Current Gross Revenue including coin laundry of over $193,000/yr. Plenty of recent upgrades make this a true "turn key" investment.
Location
LOCATION INFO:
Geographic Area
Donovan/Flour Mill
Lot Size
79.99 X 100.00
Video Tour

Building Specs
Elevator Access
Wheelchair Accessible
Security System
Furnished
Municipal Water
Municipal Sewer
Building Age
Electrical Service
Heating Type
Foundation Type
Roof Type

Loading Info
Overhead Crane Type
Loading Door Type
Door Height
Ceiling Height


Financial Projections
Proj. Gross Income
$193,979.52
Proj. Expenses
$94,001.85
Proj. Net Income
$99,977.67
Additional Agents For This Listing:
Chris Tammi

Broker of Record

chris@mgre.ca

705.822.6123

Amanda Mahaffy

Sales Representative

Mallete-Goring Inc.

705******* 705.662.3280